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Japan Posts Y1.568 Trillion Current Account Surplus In September

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Japan saw a current account surplus of 1.568 trillion yen in September, the Ministry of Finance said on Tuesday, adding 0.2 percent on year.

That beat analyst expectations for a surplus of 1.51 trillion yen following the 1.171 trillion yen surplus in August.

Exports were down 32.1 percent on year to 4.8 trillion yen, while imports shed an annual 37.7 percent to 4.2 trillion yen for a BOP trade surplus of 599.2 billion yen.

The adjusted current account balance showed a surplus of 1.338 trillion yen, up from 1.233 trillion yen in the previous month.

(Market News Provided by RTTNews)

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